31 Vernon StHaverhillMA01835
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Haverhill at 31 Vernon St, Haverhill, MA, 01835 priced at $469,900 pairs $3,486/mo rent with $524/mo cash flow after a $2,300/mo payment. Total monthly income equals $3,486/mo, and annual cash flow comes to $6,291/yr on $155,772 invested. Return on cash invested is 23.95% in year one, and rental yield stands at 8.9% on a $469,900 basis. Equity gained on principal adds $3,032/yr, and 5% annual appreciation accumulates to $129,825 by year five. Five-year ROI measures 124.66% and total cumulative return in cash reaches $194,186. For financing, Ziffy Mortgage’s DSCR program evaluates $3,486/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
7,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01835, Haverhill, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 4,123 (67.9%) |
| Renter Occupied HU | 1,756 (28.9%) |
| Vacant Housing Units | 194 ( 3.2%) |
| Median Home Value | $521,038 |
| Average Home Value | $546,496 |
Housing Distribution
Address Breakdown
Residential
5,830
Single Family
5,129
Multi-Family
701
Businesses
442
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Listed by: Margaret Perkins • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73414605